Washington--Legislation clarifying the scope of a tax exemption for small property-casualty insurance companies was introduced in both the House and the Senate before Congress ...
Washington--Legislation that would exclude money the government grants to homeowners for flood repairs from being considered as income that disqualifies them from federal assistance ...
TWO DIFFERENT values are important to the owner of an expensive antique. If it is passed on as an inheritance, the IRS wants to know the fair market value; an insurance company, however, might want to know the item's replacement value. A slum
Insurers Pessimistic About Help From Congress Lobbyists believe little time is left to act on key industry concerns, such as TRIAWashingtonThe property-casualty insurance industry will ...
What You Need to Know: The New IRS Audit Initiative for Retirement PlansThe Internal Revenue Service recently announced that it will be conducting detailed audits ...
IRS Changes FSA Card WorldFor employers that sponsor flexible spending accounts, electronic payment cards, commonly referred to as FSA debit cards, are nothing new. But ...
NAIC Ready To Meet With Treasury On TaxesBy Jim ConnollyNU Online News Service, Dec. 6, 12:30 p.m. EST, New Orleans?The National Association of Insurance Commissioners ...
NAIC Looks At Federal Tax PolicyBy Jim ConnollyNU Online News Service, Aug. 13, 10:56 a.m. EDT?The importance of insurable interest to federal tax policy will ...
Much has been written and spoken about agency valuations. In all the discussion, though, a few subtle points- critical to protecting an owner's investment in his or her agency-often are overlooked. Who will read the valuation report? Unless otherwise